Diversified Royalty Corp (TSE:DIV) announced a monthly dividend on Tuesday, February 12th, TickerTech reports. Shareholders of record on Thursday, February 28th will be paid a dividend of 0.0185 per share on Thursday, February 28th. This represents a $0.22 annualized dividend and a dividend yield of 7.21%. The ex-dividend date of this dividend is Tuesday, February 12th.
Shares of TSE:DIV traded up C$0.03 during mid-day trading on Monday, hitting C$3.08. The stock had a trading volume of 144,938 shares, compared to its average volume of 149,111. The company has a debt-to-equity ratio of 59.23, a quick ratio of 56.53 and a current ratio of 56.60. The company has a market cap of $328.69 million and a PE ratio of 28.00. Diversified Royalty has a 12-month low of C$2.55 and a 12-month high of C$3.46.
Diversified Royalty (TSE:DIV) last issued its quarterly earnings results on Friday, November 9th. The company reported C$0.03 EPS for the quarter. The firm had revenue of C$6.74 million during the quarter. On average, equities analysts predict that Diversified Royalty will post 0.190000006852459 earnings per share for the current year.
About Diversified Royalty
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It primarily holds the Canadian and United States trademarks and other intellectual property rights related to the Original Joe's, Elephant & Castle, and State & Main restaurant businesses.
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